MARKET CLOSE: NZ shares rise in light volume trade, led by Spark, Z; Sky TV falls

Mon, 26 Jun 2017

By Rebecca Howard June 26 (BusinessDesk) - New Zealand shares rose, led by Z Energy and Spark New Zealand in relatively light trading, while Sky Network Television fell after the pay-TV operator and Vodafone New Zealand terminated their merger agreement, although it did pare some of its losses over the session as more detail came to light. The S&P/NZX 50 Index rose 42 points or 0.6 percent to 7,595.50. Within the index, 30 stocks rose, 12 fell and eight were unchanged. Turnover was $110 million. "It's firm, but on very light volume. T...

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